KWB Wealth lessened its holdings in shares of Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM – Free Report) by 50.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 188,326 shares of the company’s stock after selling 191,324 shares during the quarter. KWB Wealth’s holdings in Capital Group U.S. Small and Mid Cap ETF were worth $5,831,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Capital Analysts LLC boosted its holdings in Capital Group U.S. Small and Mid Cap ETF by 148.9% in the second quarter. Capital Analysts LLC now owns 45,195 shares of the company’s stock valued at $1,490,000 after acquiring an additional 27,038 shares in the last quarter. Baird Financial Group Inc. raised its holdings in Capital Group U.S. Small and Mid Cap ETF by 438.4% in the 2nd quarter. Baird Financial Group Inc. now owns 509,926 shares of the company’s stock worth $16,812,000 after purchasing an additional 415,219 shares in the last quarter. Valmark Advisers Inc. lifted its position in shares of Capital Group U.S. Small and Mid Cap ETF by 47.2% in the 1st quarter. Valmark Advisers Inc. now owns 208,654 shares of the company’s stock worth $6,126,000 after purchasing an additional 66,928 shares during the period. Trademark Financial Management LLC lifted its position in shares of Capital Group U.S. Small and Mid Cap ETF by 180.6% in the 1st quarter. Trademark Financial Management LLC now owns 51,685 shares of the company’s stock worth $1,517,000 after purchasing an additional 33,266 shares during the period. Finally, Sei Investments Co. lifted its position in shares of Capital Group U.S. Small and Mid Cap ETF by 30.2% in the 1st quarter. Sei Investments Co. now owns 977,455 shares of the company’s stock worth $28,698,000 after purchasing an additional 226,974 shares during the period.
Capital Group U.S. Small and Mid Cap ETF Stock Down 1.2%
Shares of CGMM traded down $0.37 during trading hours on Friday, reaching $30.97. 1,174,275 shares of the company traded hands, compared to its average volume of 985,039. The company’s fifty day moving average price is $32.16 and its two-hundred day moving average price is $31.85. The company has a market capitalization of $3.48 billion, a price-to-earnings ratio of 21.71 and a beta of 0.86. Capital Group U.S. Small and Mid Cap ETF has a 12 month low of $26.80 and a 12 month high of $33.84.
About Capital Group U.S. Small and Mid Cap ETF
The Capital Group U.S. Small and Mid Cap ETF (CGMM) is an exchange-traded fund that mostly invests in extended market equity. The fund is actively managed, investing primarily in equity-type securities of small and mid-cap companies in the US. The fund aims for capital growth CGMM was launched on Jan 14, 2025 and is issued by Capital Group.
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